Mongolia Prime Minister Calls Tugrik Depreciation ‘Temporary’

August 23 08:32 2013 Print This Article

Bloomberg  2013-08-22

By Michael Kohn
The depreciation of the Mongolian
tugrik is “temporary” and caused by “seasonal changes,”
Prime Minister Norovyn Altankhuyag said in Ulaanbaatar today.
* The government has no plan to increase taxes and fuel prices
won’t rise, Altankhuyag said

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To contact the reporter on this story:
Michael Kohn in Ulaanbaatar at +65-6212-1000 or

To contact the editor responsible for this story:
Gregory Turk at +86-21-6104-3037 or

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Saranchimeg Enkhee
Saranchimeg Enkhee

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